At a simple interest Rs. 3050 becomes Rs. 4026 in four years. If the i – McqOptions

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1.	At a simple interest Rs. 3050 becomes Rs. 4026 in four years. If the interest rate was increased by 4% how much would Rs.7500 become in four years ?
A.	Rs.13100
B.	Rs.11200
C.	Rs. 12100
D.	Rs.11100
E.	Rs. 12200
Answer» E. Rs. 12200

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